Trump tariffs hit dozens of countries
Newshour
BBC
4.2 • 1.1K Ratings
🗓️ 7 August 2025
⏱️ 43 minutes
🧾️ Download transcript
Summary
Sweeping new tariffs on more than 90 countries around the world - which US president Donald Trump has advocated for - have come into effect.
Producers of staple goods such as Brazilian coffee say the tariffs will have a big impact on their industry.
Also in the programme: The Kremlin says presidents Trump and Putin will meet in the coming days to talk about Ukraine; and we'll get a rare glimpse into a besieged city, el Fasher in Sudan, where people are starving and terrified.
(Photo shows shipping containers in Frankfurt, Germany on 7 August 2025. Credit: Hannes P Albert/EPA)
Transcript
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| 0:00.0 | Hello and welcome to NewsHour. It's coming to you live from the BBC World Service Studios in central London. |
| 0:09.1 | I'm Tim Franks. Today marks the start of nothing short of a new world order. Not my words, but those of economists and analysts across the globe, |
| 0:19.6 | reacting to Donald Trump's sweeping new tariff regime, |
| 0:23.2 | which has come into effect today. |
| 0:25.0 | Dozens of countries from Syria to Switzerland are facing hefty new barriers. |
| 0:30.3 | Overall, the effect is to raise the US import taxes to their highest level in almost a century. |
| 0:36.9 | It's a day with potentially huge consequences, many of which, to be honest, are rather |
| 0:41.2 | difficult to work out given the complexity of so many trading relationships and manufacturing |
| 0:47.0 | processes. |
| 0:48.5 | In the course of the programme, we'll try to give you a sense of how countries and exporters |
| 0:52.8 | are likely to feel the effects, |
| 0:54.8 | what it could mean for the US economy, |
| 0:56.7 | and the impact it could have on one of the most important bilateral relationships in the world |
| 1:01.2 | between the US and India. |
| 1:03.9 | On that, today the Indian Prime Minister Narendra Modi, |
| 1:07.4 | speaking at an agricultural conference in the capital Delhi, |
| 1:10.8 | try to sound resolute. |
| 1:15.6 | In India, the livelihoods of our farmers, fisherfolk and cattle herders, are a top priority. |
| 1:22.6 | We will not compromise their welfare. |
| 1:25.3 | Even if we have to pay a high price for this. India is ready for this. |
| 1:33.4 | India could end up facing cumulative tariffs of 50%. Switzerland's aren't quite so high, but they're still |
| 1:40.5 | a pretty mountainous 39%. Christoph Raymond is director of Centre Patunal, a Swiss business association. |
... |
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